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Aker Yards to build PSV for Olympic

Maritime Activity Reports, Inc.

August 19, 2005

Aker Yards signed a contract worth approximately $22.8 million with Olympic Shipping to build a Platform Supply Vessel of the MT 6009 design. Delivery is scheduled for December 2006.

"We are pleased to have received another newbuilding order from Olympic Shipping," said Roy Reite, in charge of Aker Yards' Offshore & Specialized Vessels business area. "This contract confirms our long and good relationship with Olympic Shipping, which currently has two vessels under construction at our yards".

Vessel type MT 6009, Platform Supply Vessel

Contract value $22.8M

Delivery yard Aker Brattvaag: Aker Aukra

Delivery time December 2006

Length 74.3 m

Breadth 16.4 m

DWT 3300

Design Marin Teknikk AS

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